US Fed Chair says cryptocurrencies aren’t a danger to country’s financial stability

While speaking at a press conference after the recent Fed interest rate decision, the Fed Chair Jerome Powell said that cryptocurrencies are currently not a danger to the country’s financial stability. He however noted that there should focus should shift to monitoring and controlling cryptocurrencies. Jerome Powell has served as the Federal Reserve Chair since 2018 and … Read more

Move fast and break things is the mantra in tech: US CoC

Regulators must seek to achieve controlled supervision of cross border cryptocurrency firms, Hsu stated. The United States acting Comptroller of the Currency Michael J. Hsu called for a more comprehensive regulatory framework to address the threats posed by universal cryptocurrency exchanges. The remarks come amid an ongoing institutional crackdown on crypto mining in China and … Read more

New York has the highest share in the US crypto job market: study

Around 53% of crypto jobs are dispersed in relatively small chunks across the country A study conducted by employment services provider company LinkedIn has revealed that cryptocurrency-related jobs in the United States don’t have a single hub. The well-dispersed nature of the crypto job market can be seen as a reflection of the decentralised vision … Read more

Crypto exchange FTX buys a Super Bowl ad space

Cryptocurrency exchange FTX has grown its presence in the sporting world over the past few months with numerous sponsorships. FTX, one of the fastest-growing crypto exchanges in the world, has bought an advertisement slot in one of the most-watched sporting events in the United States. The cryptocurrency’s advert will be shown at the championship game … Read more

New York AG clamps down on unregistered crypto lenders

Cryptocurrency lending platforms are facing scrutiny from state regulators in the United States for operating without licences New York Attorney General Letitia James has issued a cease and desist to two cryptocurrency lending platforms. The platforms have been asked to stop operating in the state for failing to register as brokers with the state regulators. … Read more

Interactive Brokers introduces crypto trading services

Cryptocurrencies are increasingly becoming available on more trading platforms as the market continues to grow Interactive Brokers has become the latest traditional brokerage platform to enter the cryptocurrency space. The firm announced the launch of its cryptocurrency trading services yesterday, following months of planning. In a press release yesterday, Interactive Brokers said Registered Investment Advisors … Read more